Dollar General 202 5th St 9,026 SF Retail Building Emerado, ND 58228 $1,309,762 ($145.11/SF) 7.15% Cap Rate
INVESTMENT HIGHLIGHTS
- 2020 built-to-suit construction for Dollar General
- Five, 5-year options, all of which include a 10% rent increase
- ±15 miles west of Grand Forks, ND, which has a population of 58,781 residents
- Extremely strong corporately guaranteed lease
EXECUTIVE SUMMARY
Broker of Record
Brian Brockman
License No. 3269 (ND)
(866) 889-0550
Bang Realty- Dakotas, Inc.
11427 Reed Hartman Hwy Suite 236,
Cincinnati, OH 45241
Brian Brockman
License No. 3269 (ND)
(866) 889-0550
Bang Realty- Dakotas, Inc.
11427 Reed Hartman Hwy Suite 236,
Cincinnati, OH 45241
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,026 SF
Building Class
C
Year Built
2020
Price
$1,309,762
Price Per SF
$145.11
Cap Rate
7.15%
NOI
$93,648
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
2.08 AC
Zoning
C - Commercial
Parking
30 Spaces (3.32 Spaces per 1,000 SF Leased)
Frontage
241’ on Veitch Street
AMENITIES
- Air Conditioning
